GOOGL (Alphabet Inc) - Further Bullish Quarter Ahead
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Alphabet Inc. is engaged in technology business. The Company provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce and hardware products through its subsidiaries. Alphabet Inc., formerly known as Google Inc., is headquartered in Mountain View, California.
Analysis/Commentary Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves: - Current quarter has started with more bullish behaviour - Expectation for the price to move to MID or HIGH point - Trailing stop-loss on price above MID point - Bullish Heiken Ashi Candles confirm entry - Fast MACD diverging - Slow MACD crossing
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